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20131210
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English 63
Search Results 0 to 49 of about 63 (some duplicates have been removed)
Al Jazeera America
Dec 6, 2013 2:00pm EST
and beyond. a step in the right direction for the u.s. economy, a new report reveals the job picture is rienthing and unmroement is falling. a severe wind and ice storm is moving east. hundreds of thousands are without power, and travel problems are building. ♪ >>> in south africa and around the world people are k looking at the legacy of nelson mandela. meanwhile funeral plans are ama and the first lady will be there to pay their respects. here are some of the details of what is to come. on tuesday decemb10th an official public memorial will be held in johannesberg. his body will lay in state for three days. the memorial's culminate with a state funeral. finally, mandela will be buried on sunday december 15th. >> reporter: tributes are being paid and prayers made for the icon. and now the world can officially say good-bye to nelsonela on december 10th which will be the official memorial service. and then for the following three days his remains will lay in state. but before then south africans will have a chance to remember the man who change lives forever. >> we have declared the
MSNBC
Dec 7, 2013 4:00am PST
. making sense of the new jobs numbers. has the economy turned the corner when it comes to the economy. >>> we'll hear from president bill clinton. >>> motor city master pieces. the latest on possibly selling artwork opened by detroit. could it pull the city it of bankruptcy, and should it? >>> good morning, everyone. welcome to "weekends with alex wit witt". president obama surging congress to extend benefits for 1.3 million workers. they are set to expire just three days after christmas. >> if congress refuses to act it won't just hurt families already struggling. it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these p
FOX Business
Dec 6, 2013 7:00pm EST
and a very favorable way for wall street despite the expectation that a growing economy will lead to the end of the federal reserve easing money policies. first to the economy, the november jobs report showed an unemployment rate of 7%. that is the lowest monthly unemployment rate since the december before president obama took office. the economy beating expectations , creating more than 200,000 jobs last month. with september and october payroll numbers also revised higher. the labor force participation rate ticked up for the first time in nearly five years. after hitting a 35 year low in october. and the total number of people out of work including the unemployed and the under employed dropped by more than a million people last month. those job gains and a broad range of industries, including higher paying sectors like manufacturing and construction, which added 27,000 new jobs alone last month. wall street today indicated investors may now be prepared to bid adios to quantitative easing despite lingering fears that the better reserve will quit its easing money policies in. the doubt -- do
FOX News
Dec 6, 2013 1:00pm PST
can do the trick. it came in the face of an employment report that was uplifting. the economy cranking out 203,000 jobs last month and the jobless rate dropping to to 7%, lower tn anyone could remember in five years. it might not be a fluke because consumers are feeling it, too. back to why this is all so weird. normally investors sell off on good news like this because it would signal the federal reserve starts helping them out and starts tapering the 85 billion bucks a month it's been flowing their way to keep interest rates low. a lot more on weather stocks stay high, but first, to mother nature, anything but hot. because fox is on top of a massive ice storm not letting up. icy cold temperatures ripping across a huge part of the country today. the wind chill in montana, minus 46. not much better throughout the midwest, and this arctic blast is expected to stick around for a while. no matter where you live you're likely to be hit and we're all over it with casey stiegel on the mess that is getting messier. scott in arkansas, where things are not much better. joe, on why we could all
Al Jazeera America
Dec 6, 2013 12:00pm EST
casey thank you. ♪ >>> some encouraging news for jobs and the economy today, patricia sabga has the details of the much better than expected november employment reports. >> reporter: for the second straight month the u.s. job market showed signs of improve. the economy added 203,000 jobs in november lowering the unemployment rate to 7%. labor secretary says the numbers indicate the economic recovery is gaining strength. >> we have now had 45 consecutive months of private sector job growth to the tune of 8 million plus jobs. roorp while the numbers are encouraging, analysts say we still have a long way to go? >> to get to full employment we estimate the economy is going to have to create between 200 and 225,000 jobs per month for the next couple of years. >> reporter: but that may be difficult to achieve. the recovery is still on shaky ground with small businesses sees a slowdown in sales for the year. that is significant, because those businesses create about two-thirds of new jobs. ly hard hit has been the retail sector. despite slashing prices and opening their doors thanksgiv
CSPAN
Dec 8, 2013 7:00am EST
for the goods in china and other nations. the cap the world's economy humming. it may not work that way anymore . a rebounding u.s. is giving less support for you -- for global growth than it has in the past. the smallest u.s. current account deficits since 1999 shows the trend and the discovery of new domestic sources of oil and gas, it reinforces this issue. the country is spending less on imported energy." you can read the full story on bloomberg's website. the front page of "the pittsburgh post-gazette" -- a look at some of the victims from one year ago and a story that will likely get a lot of attention in the week ahead. this is from "the detroit free press" -- you can get more information by logging on to freep.com. next is robert from massachusetts. decline andre in the reason is because we, as a viewed -- when the world our opinion not to go to war, we would not go with our allies. we are ia country that has of thed because one world sees our moral fabric has declined, that is a decline any way. when bush stole the election world looked the --it is not a has way we go about the world.
CNN
Dec 6, 2013 10:00am PST
blitzer in washington. big news for the u.s. economy today. hiring is up. unemployment is down. the jobs numbers for november were released this morning and they're much stronger than many analysts had been expecting. take a look. the economy added 203,000 jobs last month. that's 20,000 more than many of those economists had predicted. another surprise, the unemployment rate fell to 7% from the 7.3% a month earlier. that happens to be a five-year local and a real sign the economic recovery may be gaining some momentum. our christine romans is in new york watching all of these numbers for us. how significant are they, christine? >> it's significant, wolf. now you've got a trend in place for the year, you've got more than 2 million jobs on track to be created the best since 2005. it has been pretty in israble since the recession and the bubble burst and to say you're going to have jobs growth, on track for jobs growth, the best since 2005 is significant. you want it see these numbers, 200,000 a month and more and want to see it continue. the unemployment rate going down to 7%, wolf, the wh
Al Jazeera America
Dec 4, 2013 6:00pm EST
sure our economy works for every working american. >> and this session of congress is set to go down in history as the least productive. 911 audio tapes reveal calmness from police dispatchers on the day from the sandy hook elementary school shootings. >> the u.s. economy is growing but today president obama said the income gap between rich and poor americans is growing, too, and he's calling on washington to address the problem. >> a dangerous and growing inequality of upward mobility that jeopardy disease america's basic bargain, if you work hard you have a chance to get ahead. i believe this is the defining challenge of our time. making sure that our economy works for every working everyone. >> oonjonathan betz is here wita breakdown. >> the rich is getting richer and the poor is getting poorer, we hear it all the time, but what does it mean? last year's median income is $51,000 but that's down from the year before. and it's down if you adjust for inflation. almost all the money being made is going to the very rich. the income of the top 1% of the population grew by close to 51%.
Al Jazeera America
Dec 6, 2013 4:00pm EST
to the latest news of the day. jobs and the economy, we have the details. patricia, good to see you. this is a much better than expected jobs report. >> it was tin deed much better. but the numbers were encouraging, and there was reason to be cautious. >> reporter: the economy shows signs of improvement. lowering the unemployment rate to 7%. there was a healthy bump in higher paying manufacturing and construction. the numbers indicate the economic recover is gaining strength. >> we've had 45 consecutive months. >> while encouraging, there is still a long way to go. >> the economy will have to create between 200,000 to 225,000 jobs per month for the next couple of years. >> reporter: that may be difficult to achieve. the recovery is still on shaky ground with small businesses seeing a slow down for the year. that's significant because those businesses create two-thirds of new jobs. particularly hard hit has been the retail sector. despite slashing prices and opening their doors thanksgiving day retailers posted disappointing sales in november. >> you have a vicious circle if úpeople
CNN
Dec 6, 2013 1:00pm PST
bell rang just seconds ago on wall street as a new jobs report exceeded expectations, has the economy finally, finally taken off? >>> and the world lead. former president jimmy carter joins us to eulogize nelson mandela, the south african freedom fighter has been canonized for his accomplishments. did you realize the u.s. had him on a terrorist watch list until 2008? >>> good afternoon. welcome to "the lead." we begin with the national lead. it's like most of the country is living inside a flu medicine commercial right now. brutally cold weather has descended upon most of the nation, bringing a deadly ice storm sweeping from texas to new york. nearly 2,000 flights have been canceled, many of them going to or from the dallas-ft. worth airport. it's colder in dallas right now than it is in anchorage, alaska. authorities fear that no amount of shoveling or salting will make the streets safe enough for the dallas marathon or holiday parades so officials decided to cancel both of those events this weekend. at least four deaths are blamed on this massive storm. two of them in oklahoma, wher
FOX News
Dec 5, 2013 8:00am PST
, and that's hurting the economy, as well as the military authorization bill, the defense authorization bill that allows the military to get paid next year. these things have to get done fast, it is going to be very tough including avoiding a shutdown. jenna: sometimes you're known for procrastination, maybe a tougher deadline can help everyone -- i'm just going to be optimistic. >> nice place to start. [laughter] jenna: carl, thank you. jon: when americans hear the work schedule, no wonder congress has such a low approval rating. let's go to the extreme weather alert, a nasty winter storm causing big, big problems. after being pummeled with heavy snow and freezing winds, areas are digging in for a burst of very cold temperatures. the storm is on the move now and spelling icy trouble across the south. meteorologist maria molina is here with what we can expect today. maria? >> reporter: hi, jon, good to see you, and hello, jenna. we've been looking at some very cold current wind chill temperatures with some areas looking at a current wind chill at about threes below -- 40 degrees below zero a
CNN
Dec 7, 2013 8:00am PST
close friday, they ended what was a pretty big week for the u.s. economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up looking for work and weren't counted, but the opposite seems to be happening. it's added more jobs since 2005 and the gains are not in low-wage sectors. a lot of hiring in health care, transportation, professional services like accountants and travel agents. wages are also up and americans are working more hours. the list goes on. the report pushed the dow up nearly 200 points friday. wall street is thinking the federal reserve will reduce the stimulus program soon. certainly a sign the economy is ready to stand on its own two feet. but remem
FOX News
Dec 7, 2013 11:30am PST
're dealing with this horrible economy. also lands in the house of representatives where they understand nothing is getting done. the reason why we have a youth job crisis in this country is because there's been no jobs bill passed. i think the president -- >> -- trillion dollar stimulus shovel ready jobs bill in which even he admits, you know, there are no is up things as shovel ready jobs. how can you put the blame entirely on congress? isn't it the president? >> well, greg, think what we saw in the stimulus package from this president is he actually invested in america's future. he put teachers back to work. firefighters back to work. police officers back to work. a majority of those individuals are young people. young people understand that this law -- >> it was a payoff to the unions. you just listed a litany of unions who are paid off. >> you know that's not true. a lot of young teachers got a chance to go back in the classroom. >> i don't want to get off the subject here. brad, let me get back to it. here's how the new york post editorial has put this thing about millennials. amer
CNN
Dec 6, 2013 6:00am PST
to that breaking news on the economy, americans are getting back to work, 203,000 jobs were added to payrolls in november, and the unemployment rate ticked two notches lower to 7%. that's the lowest unemployment rate in five years. our chief business correspondent christine romans is here to break down the numbers. better than expected, so should we feel absolutely completely good about this? >> i saw some broad-based strength in these numbers from warehousing to retail to transportation to construction so there's broad based health care as well, that's important here. carol, the trend, i always talk about the trend how important that is. you look at the last four months on average, 200,000 plus jobs over the last four months and carol we are on track this year for the most jobs created since 2005. we're on track for more than 2 million jobs created and that is a marked improvement from what we've seen in recent memory, so this is good news, a 7% unemployment rate is still good news. you'll hear people talk about their concerns about this underemployment rate, 13.2%, people who are unemployed
MSNBC
Dec 7, 2013 9:00am PST
struggling, it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans meantime remain focused on obama care. north carolina congress woman renee elmhurst delivered the gop's response earlier today. >> families who work hard and by play the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these proposals are among the dozens of house passed jobs bills awaiting action in the democratic-run senate. >> meanwhile, good news on the latest jobs report to share. 203,000 of them created in november, just 1,000 shy of the number of jobs created in october. unemployment fell by.3 down to 7%, the lowest in five years. kristen welker is at the white house for us. kristin, i'm curious how the white house is interpreting these numbers. all good? >> well, look, th
CNN
Dec 7, 2013 3:00am PST
. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for the economy. car sales rose, new home sales soared and friday, unemployment rate druopped to 7%. that's the lowest since 2008. earlier this year, unemployment declined a lot of people got discouraged and weren't counted. the economy has added more than 2 million jobs this year, the best since 2005 and the gains not just in low-rate sectors. a lot in education and health care, professional services like accountants and travel agents. and hiring in manufacturing is strongest since last year. wages are up and americans are working less hours. the list goes on. the report pushed the dow up 200 points friday. the federal reserve
CNN
Dec 6, 2013 2:00pm PST
in jobs. does president obama deserve credit for improving the u.s. economy after a surprisingly strong employment report? i'm wolf blitzer. you're in "the situation room." >>> a ten-day mourning period is under way for one of the most influential leaders of our time. we're learning more about the final tributes to nelson mandela. stand by for that, and for my special conversation with the former president, bill clinton. he reveals a time when he and the south african president didn't see eye-to-eye but first, the breaking news we're following. >>> a brutal winter storm turns deadly. at least four people have been killed on icy roads in the southern u.s. we're seeing a dangerous mix of snow, sleet, freezing rain and bone-chilling cold, and it's creating hazardous conditions from texas to tennessee and beyond. now a one-two punch of weather misery is on the way, affecting both coasts from now through monday. we have team coverage beginning with our meteorologist jennifer gray at the cnn weather center. jennifer, what's going on? >> well, we are getting that one-two punch. we have this on
CNN
Dec 5, 2013 9:00am PST
, the economy comes to life. norfolk southern. one line, infinite possibilities. and better is so easy withrning you cabenefiber.o something better for yourself. fiber that's taste-free, grit-free and dissolves completely. so you can feel free to add it to anything. and feel better about doing it. better it with benefiber. in the florida everglades, it looks like they've gotten well-needed help. i want to bring in john zarre a zarrella. what is the latest here? have they been successful? >> reporter: yeah, this is really, really good news. what we are hearing now, we are here in the gulf of mexico, we just caught up with the stranding rescue team and the whales are gone. i'll repeat that. the whales are gone. they can't find them. a coast guard overflight of this part of the gulf of mexico and off the florida everglades did spot a large pod of whales in the 30s, they cannot confirm that it is the same group, but they are optimistic that it is and that group was 11 miles offshore. so, they have moved well offshore into deep water and the stranding team -- >> sounds like we lost john there. i mea
MSNBC
Dec 6, 2013 12:00pm PST
warren, thank you. we're going to turn to the economy. wall street is reacting positively despite today's better than expected jobs report. i say despite because series of positive results could signal it's time to turn the policies. a net gain of 203,000 jobs. the unemployment rate slid to five-year low of 7%. over the past four months, the economy gained an average of more than 200,000 jobs each month. that's up sharply from the previous four months. okay, if it's jobs friday, it times for our dynamic economic duo, jared bernstein and peter marchi, even you have to feel good about this jobs report. >> i think this is a good jobs report given what we've been through. >> easy, jerry. >> i would like to have more jobs and be around 300,000, 400,000 but i think next year will be even better. so much so i think it is time to start to withdraw the stimulus and start focusing on budgetary priorities in terms of what do we really want to do. what do we really need and worry less about stimulus but more about the fundamentals. we need to rebuild bridges. let's not do that because it's stimulus
NBC
Dec 6, 2013 5:30pm PST
big story in the news the u.s. economy and jobs. positive news that more than 200,000 jobs were added in november. and the unemployment rate has fallen from 7.3% to 7%. that is a five-year low, down from a peak of 10% four years ago. wall street liked what it heard. the markets finished up across the board today. nbc's tom costello reports tonight on where the jobs are showing up. >> reporter: 24-year-old eddie christian is one face of an improving economy. after graduating from college and spending nine months searching for a job, he just landed at starwood hotels working in human resources. >> the fact that i have a sense of security o in a full-time job and the fact it's in my field, i feel lucky. >> reporter: employers added more than 200,000 jobs for each of the last four months. in november, many were good-paying jobs. 40,000 in education and health care. 27,000 in manufacturing. 17,000 construction jobs. so they're coming in the right places. they're coming slower than people wanted, but don't forget. we came from a very, very dark place. and so the light is starting to shine.
CSPAN
Dec 5, 2013 9:00am EST
with stakeholders from all areas of our economy and with the administration and the courts to ensure an open, deliberative thoughtful process, we held several hearings and issued two public discussion drafts in may and september of this year which led to the formal introduction of the innovation act in october. i believe that it takes the necessary steps to address abusive patent litigation. abusive patent litigation is a drag on our economy. everyone from independent inventors to startups to mid and large-sized businesses face this constant threat. the tens of billions of dollars spent on settlements and litigation expenses associated with abusive patent suits represent truly wasted capital. wasted capital that could have been used to create new jobs, fund r&d and create new innovations and technologies that promote the progress of science and useful arts. and that's what innovation is really about, isn't it? if you're able to create something, invent something new and unique, then you should be allowed to sell your product, grow your business, hire more workers and live the american dream.
MSNBC
Dec 5, 2013 12:00pm PST
, they won't need social services, and the economy, the system will be paying less into social services as a whole. so 50 cents for a burger is really not that big of a deal. >> all right. nbc's katy tur, thank you for that report. i want to now bring in an associate professor of economics at umass. he also penned "the new york times" op-ed "the minimum we can do." he says, while we can set a wage floor using policy, should we, or leave it to the market. thanks so much for joining us. >> thanks for having me. >> so i wanted to start, one of the things i thought was interesting in your op-ed is you talk about the fact we used to have a variety of mechanisms for setting the wage. it wasn't just up to employers. some of those mechanisms have gone away over time. explain that. >> yeah, for most of the post-world war ii era, wages in the u.s. were set using a combination of things like the minimum wage as well as collective bargaining, unions, who actually used to help set wages together with employers. that is not the case today. unions and the private sector have virtually disappeared in m
MSNBC
Dec 3, 2013 3:00am PST
among 65 countries and districts that make up the lion's share of the global economy. american teens are down four spots in science coming in at 24. and they slipped another -- >> this is unbelievable. >> ten spots -- >> look at that. >> to 21st when it comes to reading. several chinese cities as well as japan and singapore saw their students improve significantly. >> willie geist, your mom has been involved in educational reform. we were talking about mike bloomberg who dedicated four years to it. the gates spent billions and billions of dollars and the only thing -- not the only thing but one of the main things they learned reducing class sides. they spent billions of dollars on that. that doesn't work. man, the past four years when it seems everybody's focus has turned to education reform in a big way, just been disastrous, not disastrous but terrible. our state of the union are getting worse and worse. >> this is a trajectory we've seen for more than a decade. it goes back. maybe you say we'll give the reforms of the last few years to settle in. reaction to this study was amazing
CNN
Dec 7, 2013 2:00pm PST
know the economy is essential, and it's good he was meeting with secretary geithner, but here on his signature issue not to take charge. and i have no doubt the white house is right, that secretary sebelius was in several group meetings with the president about health care, but the whole point is, there was nobody in charge in the administration. the president was turning to and saying i look to you for overall responsibility, and in this case it should have been the secretary of health and human services. she does run the department that oversees this. and the fact that he was not meeting with her one-on-one, i think, frankly, is not so much an indictment of her but of the white house operation. >> which is fascinating because we saw her testify very publicly, she took full responsibility for what had happened, but at the same time if this was so important to the president, you would think that there was a lot more one-on-one interaction especially on something that's so critical to him and his policy. professor, the president went on msnbc this week, he was asked about his manageme
MSNBC
Dec 5, 2013 3:00am PST
coming over here and competing in the gobble economy. education is at the core of this and goes to connecting that bond that has been broken. >> you have all this evidence that's truly offensive. take the detroit pension ruling. so we know what the ruling was and we know what the effect may be on people's pensions. they will be cut. city employees, firefighters, no matter how the pension deal was cut years ago the pensions will be cut. but before the pensioners receive their pension who gets paid first? the bond holders, the banks, the big boys and then, then the pensioners will get paid. there's something just deeply flawed with what's been going on in this country and it's not one party or the other, it's the whole system and it's a couple of decades that it's been going on. >> there's a suspicion the people who have been having these massive hikes in their compensation packages are not reinvesting necessarily in job growth and productivity. they are actually -- it feels to a lot of americans on main street like funny money, it's getting recycled, reput into investment funds t
MSNBC
Dec 6, 2013 8:00am PST
's the nature of democracy. it's a work in progress. and south africa, we see it as the largest economy, second largest economy on the continent. but it's a young democracy. it's taking those baby steps. it'll only be 20 years in 2014 that it has been a democracy. now, that doesn't mean that you forgive some of the missteps, but you go in there and work on them and find people who can hold people accountable. and i think that's where it's important for that country as well as in the countries relating to mandela to relate to his country and to help them realize the life of mandela. now it's up to those who are celebrating him today to tomorrow realize that dream, help realize that dream. >> great leadership is all about casting the vision. calling people to rise up to be better than they know how to be. certainly as you point out, that road map, the blueprint, it's there. charlayne hunter-gault, reverend al sharpton, great to see you. among those reacting to mandela's death is muhammad ali. he said he was a spirit born free destined to soar above the rainbows. today his spirit is soaring throug
MSNBC
Dec 8, 2013 9:00am PST
for the economy and washington in general. take a listen to what two lawmakers had to say earlier today. >> keep the budget caps in place, not raise taxes, which is important during this weak economy, and actually avoid a government shutdown. so i'm hopeful that even by the end of this week we'll be able to come together and achieve that. >> i certainly hope as part of it that the negotiators will take to heart what the president had to say. there are working families across america that are struggling. there are unemployed families who need a helping hand. we've got to protect and preserve the safety net in america and give these working families a fighting chance. >> so alex, of course there you have republican rob portman, democrat dick durbin. and you heard senator durbin talking about unemployment insurance. that is still the main sticking point. democrats, the president want unemployment insurance extended for 1.3 million americans. that's expected to expire at the end of the year. they say if that's not continued, it would be bad for those workers and also bad for the economy. republicans
CNN
Dec 4, 2013 2:00pm PST
" is better. the twenty fourteen ford edge. only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> some say president obama who revved up a democratic crowd today that called for lifting up the poor and raising the minimum wage, jim acosta watched it today. >> just as the president is trying to fiction the obama care brand, he is working on the obama brand. it is not just obama care. >>> president obama was on a mission to fire up his base. >> he laid out a decidedly progressive second term agenda. calling for a raise in the money mum wage from $7.25 to $10 an hour. he casted republicans as a scrouge if they stand in the way. >> it will happen if congress does not act before they leave on their holiday vacation. >> sources leaked out new enrollment numbers, some $29,000 signing up in the first two days in december. republicans argue that's not fast enough to enroll the millions of americans who have seen their policies cancel. >> what will these patients and families do when they show up at the hospital or need to reorder a life saving prescription on new year's day an
CNN
Dec 5, 2013 3:00am PST
. and in an economy that is not creating enough work for people who want to go to work and still not creating enough middle class jobs. >> reporter: the president is paying attention to the issue, calling for a raise in the federal minimum wage. >> it's well past the time to raise a minimum wage that in real terms right now is below where it was when harry truman was in office. >> reporter: in this push for a higher minimum wage, a higher federal minimum wage likely to not go away anytime soon. the bureau of labor statistics shows six out of ten fastest growing positions in the next decade will be low paying positions. >> a lot of folks are struggling. that's for sure. we'll be watching these protests across the nation. >>> in other headlines, vice president joe biden says china's new air defense zone over the east china sea is causing significant apprehension. he's in beijing meeting with the country's top leaders. biden says he expressed washington's firm position and expectations regarding the zone. the air space is over a disputed island chain claimed by both china and japan. biden will be headi
Al Jazeera America
Dec 8, 2013 12:00pm EST
benefitted his country's economy. >> controversy over the latest projectproject on artist cristo. some say it will damage the eco-system. >> it's called "over the river". the arkansas in south central colorado. what cristo wants to do here is suspend hundreds of huge panels of silvery cloth nearly six miles of it in eight sections along a 42-mile stretch of the river. the drawing shows how the sun light will filter through the fafabric. >> the best way to see it is underneath on a raft drifting through big horn sheep canyon. >> we have 300,00 300,000 raften the summertime and that is spectacular to experience the project. >> it's a created play of light passing through the fabric reflecting through the water. up, not down. cristo and his team have been working for "over the river" for more than 20 years. they have had to get approval because much of the project is on emplo protected land. cristo is raising the $50 million that it costs by selling hundreds of works which he makes by hand. he and his wife became famous for their out sized and ou out outlandish projects and "over the river" i
KRON
Dec 6, 2013 7:00am PST
the u.s. economy has been created over $200,000 a month. this is very good nils because the job market is strengthening. wall street is reacting positively. the >> we have been dealing with subfreezing temperatures. are you ready for the rain and snow? i will have a full detail of what to expect. [uncle]this is hopscotch,okay? uncle go one,two,one,two,one two,one. [niece]okay! [uncle]okay? [niece]one,two three,four,five,six,seven,eight! [uncle laughing] okay,we go the other way,okay? [niece]one,two,three,four,five, six,seven! [uncle laughs]there's ten spaces,you want to try again? [uncle]yeah? tell me you can'wait for christs. and you appreciate the things io. because we'll ways be a famil tell me i bring out the best iyou. ♪ that you're thankful ♪ that it won't be theame without me tell me you love m even if you say it every d. just tell . [ female announcer everyone you love has someing they need to hear this holid. tell them with a hallmark card >> welcome back. we are watching the weather perry ed there is an ice storm out of dallas. the traffic is just box of the roadway, thei
CBS
Dec 6, 2013 6:00pm EST
is the economy creating? an ice storm causes havoc in the middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor
CNN
Dec 5, 2013 11:00am PST
's stay on the economy. we learned today it grew more than anyone thought in the third quarter. the value of all the goods and services produced right here in the united states grew add an annual rate of 3.6%. that's great news. when you look at the stock market, let's take a quick peek. it's down just about 50 points. zain asher at the new york stock exchange for us. if we're talking gdp and that is up, why isn't the stock market mirroring that? >> well, what might seem like good news to you and i is certainly not good news to traders on the floor. yes, gdp coming in pretty strong, 3.6%. certainly the best reading we had since the first quarter of 2012 when it came in at 3.7%. the problem is when you have good, strong economic numbers like that, people sort of start to begin to have a meaningful conversation about tapering, about the possibility of tapering happening sooner than expected, especially when the strong data is in line with other pieces of strong data we have gotten this week. jobless claims down by 23,000. also new home sales as well, good car sales, good strong numbers from
CNN
Dec 6, 2013 3:00am PST
on that. >> hi there, kate. let's talk about the jobs report in a moment. your economy is three things, jobs, investments and housing. we think of it as the three corners of the triangle. you need all of those for your personal finances and to grow your wealth. small businesses, they seem to be hiring more than the big businesses are by the way. auto sales have been up. you have the signals that are showing the economy doing a little bit better. >> when you're talking about the economy doing better, let's talk about housing. you say there's good news there. >> that's one very important part of your finance triangle. 3% home growth is what zillow was forecasting. mortgage rates moving up, 4.46%. that's not necessarily bad. why? it says the banks might start writing more loans next year. >> historically they're still very low. >> very low, absolutely. anything under 5% is still very low. >> good news. why is the stock market still stalling? >> that's interesting. five down days for stocks over the past week. your 401(k) is up double digits this year, no question. you've seen really good
CNN
Dec 7, 2013 1:00am PST
him. we'll tell you ahead. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, in "crime and punishment" a story that boggles the mind. we hear about people that go to prison and end up on death row but what about the prosecutors put them behind bars with sloppy work or worse? prosecutors in this country are above prosecution, even when they knowingly with hold evidence just to get a conviction. this hasn't happened just once, it's still happening in case after case. randi kaye investigates. >> reporter: in may 1999 john thompson was just weeks away from his execution at the louisiana state penitentiary. this is his signed death warrant. so you may be wondering, what is he doing talking to me at his office in new orleans? did you think you would die on death row? >> i knew i was going to die. i didn't have anything else to say. even executed, i didn't see no one leaving off death row for sure. >> reporter: how john thompson survived is complicated to see the least. it would be more than a dec
CNN
Dec 7, 2013 3:00pm PST
economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward thinking of conciliation, of forgiveness and of love for all is something that has touched so many people and it has been something that has brought people towards him and brought people together. on the morning of february 11th, 1990 i was with a group of photographers. we had gotten to the prison very early that morning. at one point in the early afternoon, i will never forget suddenly about five helicopters began to descend right over the back of this
CNN
Dec 7, 2013 4:00pm PST
perception of the economy may not have quite caught up. only a quarter of people polled said they believe the economy is getting better. deb? >> alexandra, thanks so much. >> in south africa, ten days of mourning under way for the man many called madiba. also, the nsa, what might they have been peeking into any time? here's a hint it, could have just been in your pocket. that's coming up. we're aig. and we're here. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives
Al Jazeera America
Dec 5, 2013 6:00am EST
the whole economy goes better. i think the economy has just gone down the tubes because of the 1% who want to make the most out of the misery of others. >> the sticking point here is that these workers and folks behind them are asking for a $15 an hour federal minimum wage. that's not the only point here. they really also want to be able to unionize without any fear of retaliation. >> we'll continue to check back in with you throughout the day. thanks. >> stephanie, this latest strike is similar to once we've seen across the country, focusing on income and equality. much of that money is going to wealthier americans. the income of the top 1% grew by 31.4% since 2009, but for everyone else barely moved, growing less than has half a%. much of this battle has been over the minimum wage of $7.25. president obama suggested that rates should be hiked to $10.10 an hour. if it were tied to productively ty, one study said that figure really should be $21.72. >> temperatures are plunging right now across much of the country. a blast of arctic air is bringing bone-chilling cold along with snow and ic
NBC
Dec 7, 2013 5:00am PST
, thanks. >>> we want to turn to encour e encouraging news when it comes to the economy. the unemployment rate has turned to its lowest rate in five years. kristen welker has more. >> reporter: the economy added 203,000 jobs in november. surprising some economists say, especially in the wake of the government shutdown and they say it could be an indication the recovery is about to take off, despite the political gridlock here in the nation's capital. neil bloomen that is all launched up this eye store three years ago in new york. these days he sees signs the economy is recovering. >> we have more than doubled in sales and next year, we are planning to high about 150 people. >> reporter: that hiring trend reflects what is happening throughout the country with news friday that employers added more than 200,000 jobs for each of the last four months. in november, many were good paying jobs. 40,000 in education and health care. 27,000 manufacturing jobs added. 17,000 construction jobs. >> now we are getting consistent job reports plus 200 and that is positive and positive not only for the econ
CNN
Dec 6, 2013 11:00am PST
with you later. >>> let's talk economy. the new government jobs report has turned out to be an early holiday gift for us in the u.s. with the unemployment rate at its lowest since 2008. look at the number in red, 7%. last month, 203,000 jobs were created, beating many economists' expectations and more importantly, the numbers behind this jobs report show that the hiring isn't just for those $9 an hour jobs, but also for higher paying positions. let's talk about this with our senior economist at bloomberg government. and christine roman, who stayed up for us and we appreciate you, christine. cnn chief business correspondent and host of "your money." christine, first to you. we know november means holiday shopping for most of us, if you think ahead, which means seasonal workers. when we look at these numbers, did the government adjust for that? >> oh, yeah, and i'm going to tell you this is a pretty broad-based jobs gain. it wasn't just bartenders and waitresses, not just stocking the shelves. it was broad based. you look at warehousing and transportation, those jobs, $24 an hour. you
FOX News
Dec 6, 2013 3:00am PST
a sixth of our entire national economy. >> awe con -- au contraire. you quote valerie jarrett. >> you have a president, and all presidents have a sense of their vulnerabilities but they need to surround thhmselves with people who recognize their shortcomings. the president in a sense is very detached. he's not great at the hands-on at management. he's essentially admitted that. but people like valerie jarrett around him don't challenge that. they reenforce this notion that he's so brilliant that he's bored with these meetingsant doesn't need to participate. >> she says the problem is president obama knows how smart he is and he's been bored to death his whole life. he's too talented to do what ordinary people do. he would never be satisfied with what ordinary people do. >> because he is up there and we are down here. >> that sound like me. >> it does. >> exactly like me. >> you're not president. it's coming. >> here's the big picture, the one thing i look at right now is the president of the united states either has to back up this plan, get behind the plan, or actually distance himself ab
CNN
Dec 6, 2013 2:00am PST
their heads the past few days how strong the economy is because we are getting good economic news. i want to be clear on that. look at the numbers. below 300,000. i keep putting an asterisk. see that? each of these comes with a little bit of an asterisk. gdp companies ramping up on their inventories and now have to sell them. you still got mortgage rates so low that that has been very good for home buyers but i think you're going to see mortgage rates moving up, john. i think they -- we have seen them moving up 4.46% yesterday we learned was the 30-year fixed mortgage rate. 5% i think next year and seems it could be bad, right? except, except people like circumstances circumstances -- it could be a good thing and loosen up the market. >> what is your expectation for the jobs report today? 180,000 and comes out this morning. the jobs rate probably fell 7.2% and this is an important number. the economy looks like it's getting better, john. we want to see this trend continue. are we turning a corner? and does that mean the stock market stops rallying? >> big decisive jobs report and no one c
FOX
Dec 6, 2013 5:00am PST
actually we had some decent news on the economy. but this time of year things fluctuate a bit. right now the futures are fluctuating as well. could be a slightly lower opening but we will get a better read. market opens up. bell rings in an hour and ten minutes. >>> honda offering significant deals. dealers will get a $3,000 bonus for any extra car or truck sale. >>> coming up. two young children diagnosissed with cancer just days apart. how strangers -- >> i break down and cry all the time because i can't believe the generosity. >> how stringers and friends in pacifica are coming together to help. >>> and making it harder to buy tobacco. the surprising change one local city is considering. [ laughter ] he loves me. he loves me not. he loves me. he loves me not. ♪ he loves me! that's right. [ mom ] warm and flaky in 15, everyone loves pillsbury grands! [ girl ] make dinner pop! [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ pillsbury cookie dough. make the holidays pop! and why can you move the tv out here? the wi
CSPAN
Dec 6, 2013 2:00pm EST
participation. .. >> news this month in u.s. economy added 203,000 jobs last month and the unemployment rate fell to 7%, the lowest since november 2008 and exceeding analyst predictions. the labor department releasing those figures earlier today. reaction from capitol hill, house speaker john boehner issued a statement saying in part today's report includes a positive sign that -- >> unemployment benefits start to run out at the end of your for some americans unless congress oks an extension. yesterday, the democratic steering committee held a meeting about this issue and heard from several people who face the loss of unemployment checks. here's a sample. >> i have worked my entire adult life, having had three jobs my whole career. and had never been unemployed until now. as soon as i lost my job, i immediately began my series of search for employment, and begin navigating the world of online doors, job boards, and diligently networking. my goal was to place my resume in the hands of everyone i knew. i have spent the majority of my waking hours looking for work. during this time i was able t
ABC
Dec 6, 2013 4:00am EST
on the health of the u.s. economy, as the government releases the monthly jobs report. one survey found private companies added 215,000 jobs last month, beating expectations. >> looking at today's weather. rainy in the northeast. icy from the great lakes into texas. below zero in the northern plains. it will be even normally toasty. l.a. will stay in the 50s. >>> finally this morning, a parting tribute to nelson mandela. >> the leader, the pioneer and one of the world's most influential icons remembered this morning across the globe from people of all walks of life. >> for now, let us pause and give thanks for the fact that nelson mandela lived. a man who took history in his hands. >> it was tremendous. it was just tremendous. there was a lot of excitement. the electricity in the air. and he was truly one of the great, great heroes of our time. >> i just want to say, it's extremely sad and tragic news. we're reminded what an extraordinary and inspiring man nelson mandela was. >> he showed us, with the clerk and the african in a how to build a nation. still has so much to go. but much further ah
NBC
Dec 6, 2013 4:30am EST
releases its jobs report for the month of november. many hope it will show the economy added 180,000 jobs last month. if that is the case many experts believe it could signal the job market is picking up speed. they expect it to dip to 7.2%. >>> also today security will be tight around parts of downtown washington as people from around the world watch the annual lighting of the national christmas tree. megan mcgrath is live with what you need to know. megan? >> reporter: well, eun, the big show gets under way at 5:00 tonight. there's a preshow that starts at 4:30 this afternoon. all-star lineup. mariah carey, aretha franklin, all performing as part of the show. now i'm joined by jennifer with the national park service. talk a little bit about this year's show and i should mention right now we're showing video from last year. >> oh, terrific. thank you for coming to one of america's national parks. we're gearing up for the 91st annual christmas tree lighting. we expect mariah carey, aretha franklin, arturo sandoval and folks can go to nationalparks.0 org to see the full lineup. let's just
ABC
Dec 6, 2013 7:00am PST
're going to begin with good news about the economy. the labor department reports that some 203,000 jobs were created last month. that number surpasses expectation. the unemployment rate also dropped to an even 7%, the lowest mark in five years. job growth especially strong? manufacturing and construction. >>> meanwhile, the fbi's investigating the shooting death of an american chemistry teacher on the streets of benghazi, libya. ronnie smith, you see him here just about to join his wife and young son in texas for the holidays. his murder comes days after al qaeda called for libyans to attack u.s. interests. >>> and an arizona family have survived this. this is the end of a car crash that sent that family plummeting 250 feet down a cliff. the driver with her sister and two nieces in the car, struck a patch of that ice covering so much of the country. thankfully, everyone was wearing their seatbelts so everyone in fact, only suffered minor injuries. wear those seatbelts today, please. >>> and good news from the florida everglades, as well. 35 of the 41 whales that have been stranded in sh
KRON
Dec 9, 2013 7:00am PST
of 2015, as well as generating tens of thousands for the economy. >> you will not want to miss sports night which is hosted by gary radnich. it was also featured gary's radio partner larry krueger. this is a brand new show here on kron4 spread we will have live the debates and interviews. the show will premiere thursday night at 9:00 p.m.. >> we will be right back. >> on welcome back. we are tracking a another cold morning. >> earlier this morning we drop down into the teens in petaluma. we have plenty of low 20s but now we have bottomed out and the temperatures are not set to drop any more. it is very frigid at 21 degrees out the door. it is a little cooler closer to the west porto area. we have actually seen some of the coldest on readings but we still have the freeze on and on till 9:00 a.m. this morning pripet the national weather service is scheduled to reissue the freeze warning tonight into tomorrow. this will impact mostly everyone to keep them on the coldest readings are between 6:00 a.m. and 7:00 a.m. this morning. i want to break down your afternoon high, the winds will inc
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